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On Thursday, a trailer carrying a large lithium-ion battery overturned and caught fire on a highway near the Port of Los Angeles. The fire was difficult to control and was expected to burn for 24-48 hours, resulting in traffic jams, road closures and the closure of several docks. The accident once again warned of the safety of lithium battery transportation and aggravated the tension in the global supply chain.
Strong international seaborne container traffic at US Gateway (increased intermodal traffic)
The Northwest Seaport Alliance (NWSA) reported that increased vessel activity and intermodal traffic, combined with cargo diversion, resulted in strong international seaborne container traffic at the US Gateway.
Rare plunge in international shipping rates (especially on Asia-Europe shipping routes)
Asia to Europe routes are particularly significant, trans-Pacific international shipping routes are not optimistic. In the face of weak demand, shipping companies are canceling voyages ahead of Asian Golden Week in response to plummeting freight rates. Container freight has entered the off-season, the decline further expanded.
In order to expand the unilateral opening up to the least developed countries and achieve common development, starting from December 1, 2024, a preferential tax rate of zero will be applied to 100 per cent of the tax items of the least developed countries that have established diplomatic relations with China. Among them, the tariff quota products will only reduce the tariff rate within the quota to zero, and the tariff rate outside the quota will remain unchanged.
According to the forecast of the Shenzhen Meteorological Department, the extraordinary development of the typhoon "Capricorn" may become the strongest typhoon in Guangdong in ten years! The attack on South China before the Mid-Autumn Festival and National Day holidays is expected to cause the port to face 48-60 hours of operation shutdown, which will have a great impact on the busy port freight before the festival. Foreign trade export enterprises and freight forwarding and logistics enterprises need to pay attention to the chain reaction of pre-festival delays caused by typhoons.
According to the latest information, on September 5, local time, the two-day salary standard congress of ILA of the US east wharf trade union ended. the delegates unanimously supported the strike call of ILA trade union chairman Harold J. Daggett-that is, if a new agreement cannot be reached with the US maritime union by then, a large-scale strike will be held at 12:01 a.m. local time on October 1, 2024 in the ports of the US east coast and US bay area!
Huijietong Exhibition Warms Up!! China (Shenzhen) International Logistics and Supply Chain Expo
Founded in 2007, Shenzhen Huijietong has 16 years of experience in freight forwarding and is headquartered in Shenzhen, China.
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